REM - Renewable Energy
Hydro capacity needs to double to meet green goals
Global hydro capacity needs to double by 2050 if water-based power is to make a meaningful contribution in the race to net zero, IRENA director-general Francesco La Camera has warned
China to reach peak emissions earlier to guarantee net-zero goals
China, the world’s largest energy consumer and carbon emitter, needs to reduce its current emissions pledges by 20% by 2030 if it is to come good on its commitments to achieve carbon neutrality by 2060.
AsiaElec: Asia’s poorest nations call for rich states to keep their $100bn funding promises
A group of 11 of Asia’s poorest countries have called on the world’s richest states to keep to their promise of $100bn per year in climate finance in order to protect some of the world’s most vulnerable countries from climate change.
Russian utility players to co-ordinate green activity
Russia starts multi-year national consultation on carbon taxation system
Offshore wind prospects surge in NY, California, but lacklustre response to solicitation in Massachusetts
New York City announces a 15-year, $191mn plan to become a centre for the offshore wind sector, California will now accelerate offshore wind development, but in Massachusetts, only two companies submitted proposals for a recent solicitation.
Tax-advantaged partnerships for oil and gas being considered for US renewable energy – report
Tax-advantaged partnerships typically used to benefit the US’s oil and gas industry are being considered for renewable energy, reports Reuters
Blue hydrogen on a par with green in climate terms, study finds
Power generation from renewables in Turkey cheaper than imported coal power says report
ENERGO: Low-carbon energy at 90% by 2035, Russia tells the world
Hong Kong ZRSC Technology to invest $43mn in Uzbekistan EV production
Uzbekistan to study Hungary’s experience in nuclear power construction, Kazakhs raise NPP concerns
African cities need billions to cope with climate change by 2050
Investments of some $280bn will be needed to combat the effects of climate change in 35 cities in South Africa, Kenya and Ethiopia by 2050, new research shows.
Turkey’s Karsan sets out to capture chunk of European electric bus market with e-ATA series
Russian Gazprom Neft and Aeroflot to develop “green” aviation fuel
Elektroprivreda RS in talks over Trebinje 1 solar power plant
REM: EBRD, EU and GCF support green investments in Morocco
Climate envoys head to South Africa to negotiate green finance
Climate envoys from the US, UK, France and Germany will arrive in South Africa this week to negotiate its transition to a green economy. The officials are expected to land on Monday, 27 September, for a series of meetings with SA energy policymakers.
EBRD president urges Kazakhstan to press ahead with natural gas projects with focus on transition fuel
Russia starts designing domestic CO2 tax system
Czech energy company EPIF, Slovakia´s Eustream and NAFTA and German RWE to explore development of hydrogen production in Slovakia
New tariffs on solar imports would jeopardise nearly 30% of upcoming installed capacity, warns trade group
New tariffs on imported solar products from Malaysia, Thailand and Vietnam could obstruct almost 30% of the solar capacity the nation is expected to install over the next two years, says a major trade group.
Russian EN+ major presents net-zero carbon report
IRENA, GWEC set 380-GW target for 2030
The Global Wind Energy Council and the International Renewable Energy Agency have set a target of 380 GW of offshore wind installations by 2030, and 2,000 GW by 2050, in a bid to reach international net-zero targets by 2050.
SA says it needs finance to make its tougher greenhouse gas targets a reality
South Africa, the world’s 12th-biggest emitter of greenhouse gases, will be pushing hard for extra finance at the climate change conference in November in Glasgow to help it shed its coal addiction.
ING: ECB’s push for net-zero carbon will grow ESG credit
In the push for reducing carbon, significant investment will be necessary, and in turn, funding will be required. This will provide growth for the credit market, and in particular for anything associated with ESG.
Study highlights Mexico’s green hydrogen potential
Mexico has strong potential for the development of green hydrogen projects, according to a newly released study commissioned by the German-Mexico Energy Partnership.
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